WEEK IN REVIEW: ACTIVE LISTINGS, PENDING AND SOLD LISTINGS IN PALO ALTO

13 new listings of single family homes were listed last week in Palo Alto as oppose to 7 listings the week before. The total active listings of single family homes on the MLS  is now 63 as oppose to 56 the week before. 


The market remains a seller market. 11 listings changed status to pending as oppose to 16 last week and 19 closed escrow this week as oppose to 10 listings the previous week.

Please note that all  listings sold significantly above asking price but three listings, it is worth noting that the number of multiple offers are going down.

If you are planning to sell your home it is an opportune time to sell.

Following is the detail of the market activity in Palo Alto for last week:

Active	13
Pending	11
Sold	19

ACTIVE NEW LISTINGS

Address Area	List Price List Date	BR	FBA	PBA	SqFt
317 MONROE DRIVE 233 South Palo Alto Open House: Sun 1:00 PM-5:00 PM	$1,288,000 6/1/2012	3	1	0	1,343
2255 RAMONA STREET 237 Old Palo Alto Open House: Sun 1:30 PM-4:30 PM	$2,080,000 6/1/2012	4	3	0	1,942
2950 ALEXIS DRIVE 230 Palo Alto Hills	$7,395,000 5/31/2012	4	5	3	7,200
3645 RAMONA CIRCLE 233 South Palo Alto	$1,350,000 5/31/2012	4	2	0	1,748
502 LOWELL AVENUE 237 Old Palo Alto	$2,799,000 5/30/2012	4	3	1	2,569
738 HOMER AVENUE 240 Community Center Open House: Sun 1:00 PM-4:00 PM	$858,000 5/30/2012	2	1	0	660
830 LYTTON AVENUE 239 Crescent Park Open House: Sun 1:00 PM-4:00 PM Sat 1:00 PM-4:00 PM	$2,299,000 5/30/2012	4	3	1	2,370
811 HAMILTON AVENUE 239 Crescent Park Open House: Sat. June 2,Sun. June 3 1:30-4:30pm	$3,495,000 5/29/2012	3	1	1	2,865
924 MEARS COURT 243 Stanford Open House: Sun 1:30 PM-4:30 PM	$1,798,000 5/29/2012	5	3	0	2,800
219 MATADERO AVENUE 235 Ventura Open House: Sun 1:30 PM-4:30 PM	$1,595,000 5/29/2012	4	3	0	2,350
567 KENDALL AVENUE 232 Barron Park Open House: Sun. June 3 1:30-4:30pm	$995,000 5/28/2012	2	1	0	1,345
3799 PARK BOULEVARD 235 Ventura	$1,065,000 3/2/2012	3	3	0	2,236
3085 ALEXIS DRIVE 230 Palo Alto Hills	$3,750,000 3/31/2011	5	4	0	4,270

PENDING LISTINGS:

Address Area	List Price List Date	Sale Price Con. Date	BR	FBA	PBA	SqFt	Close Date
806 LOS ROBLES AVENUE 232 Barron Park	$1,098,000 5/30/2012	N/A 5/31/2012	2	2	0	1,316	7/6/2012
2480 AGNES WAY 233 South Palo Alto	$1,299,000 5/21/2012	N/A 6/1/2012	3	2	0	1,200	7/1/2012
4270 MANUELA WAY 230 Palo Alto Hills	$1,995,000 5/16/2012	N/A 6/1/2012	4	3	0	2,300	6/25/2012
867 EAST MEADOW DRIVE 233 South Palo Alto	$1,200,000 5/15/2012	N/A 5/30/2012	3	2	0	1,693	6/18/2012
1563 MARIPOSA AVENUE 236 College	$1,195,000 5/14/2012	N/A 6/2/2012	2	1	0	1,061	6/18/2012
878 MORENO AVENUE 234 Midtown	$2,498,000 5/9/2012	N/A 5/27/2012	5	3	0	2,688	6/5/2012
863 WARREN WAY 233 South Palo Alto	$1,495,000 5/3/2012	N/A 5/30/2012	3	2	0	1,868	7/14/2012
785 BARRON AVENUE 232 Barron Park	$1,195,000 4/28/2012	N/A 5/29/2012	3	2	0	1,713	6/19/2012
833 SONOMA TERRACE 243 Stanford	$1,395,000 4/27/2012	N/A 6/1/2012	4	2	1	2,296	6/28/2012
3895 PAGE MILL ROAD 230 Palo Alto Hills	$1,425,000 4/26/2012	N/A 5/31/2012	3	2	0	2,700	7/17/2012
735 DOLORES STREET 243 Stanford	$3,795,000 4/3/2012	N/A 5/5/2012	6	5	2	9,101	6/27/2012

SOLD LISTINGS:

Address Area	List Price  List Date	Sale Price BR		BA	SQFT	Close date
729 LA PARA AVENUE 232 Barron Park	$1,595,000 5/16/2012	$1,756,789 5/23/2012	5	3	2,351	5/31/2012
886 CHIMALUS DRIVE 232 Barron Park	$2,600,000 5/2/2012	$2,751,000 5/15/2012	4	3	2,509	6/2/2012
1514 WALNUT DRIVE 238 Green Gables	$1,395,000 4/26/2012	$1,650,000 5/4/2012	3	2	1,394	5/25/2012
3395 LOUIS ROAD 233 South Palo Alto	$1,495,000 4/26/2012	$1,495,000 5/4/2012	4	2	1,659	5/25/2012
770 GARLAND DRIVE 238 Green Gables	$1,495,000 4/25/2012	$1,550,000 5/4/2012	3	2	1,681	5/29/2012
4160 MACKAY DRIVE 233 South Palo Alto	$1,499,000 4/23/2012	$1,402,000 5/3/2012	2	2	1,324	6/1/2012
711 MAPLEWOOD AVENUE 233 South Palo Alto	$1,285,000 4/19/2012	$1,379,000 4/26/2012	3	2	1,550	5/25/2012
1550 MARIPOSA AVENUE 236 College	$1,195,000 4/19/2012	$1,408,000 4/26/2012	2	1	1,224	5/24/2012
3831 MAY COURT 233 South Palo Alto	$1,498,000 4/19/2012	$1,928,000 4/27/2012	3	2	1,872	5/29/2012
3182 BRYANT STREET 234 Midtown	$1,198,000 4/18/2012	$1,430,000 4/26/2012	3	1	1,109	6/1/2012
1500 MIDDLEFIELD ROAD 241 Professorville	$1,698,000 4/18/2012	$1,725,000 4/28/2012	4	2	2,522	5/30/2012
3309 KENNETH DRIVE 233 South Palo Alto	$1,598,000 4/18/2012	$1,600,000 4/26/2012	4	3	2,027	5/25/2012
3220 SOUTH COURT 234 Midtown	$1,598,000 4/12/2012	$1,830,000 4/20/2012	3	2	1,964	6/1/2012
251 WASHINGTON AVENUE 237 Old Palo Alto	$2,695,000 4/11/2012	$2,600,000 4/29/2012	4	2	2,208	5/30/2012
1591 MARIPOSA AVENUE 236 College	$1,149,000 4/10/2012	$1,400,800 4/20/2012	4	2	1,698	6/1/2012
795 ENCINA GRANDE DRIVE 232 Barron Park	$1,595,000 4/10/2012	$1,827,000 4/19/2012	4	3	1,808	5/31/2012
50 JORDAN PLACE 238 Green Gables	$1,798,000 3/27/2012	$1,998,000 4/7/2012	4	2	1,802	4/27/2012
833 RICHARDSON COURT 233 South Palo Alto	$1,395,000 3/21/2012	$1,600,000 3/29/2012	4	2	1,789	5/31/2012
3855 MAGNOLIA DRIVE 232 Barron Park	$2,299,000 2/29/2012	$2,250,000 5/23/2012	4	3	2,701	6/1/201